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China Hunts Manipulators To Stem Market Rout
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03.07.2015
China's securities market regulator has opened an investigation into suspected market manipulation. It's part of the latest in Beijing's increasingly desperate attempts to head off a potential stock market crash that could damage an already slowing economy. After a slump of more than 20 percent in Chinese stocks since mid-June, the China Securities Regulatory Commission has set up a team to look at "clues of illegal manipulation across markets". The China Daily newspaper said on Friday the CSRC was probing investors who used stock index futures to short the market.
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